Deutsche Bank Reiterates Sell Rating for Capital & Counties Properties (CAPC)
Capital & Counties Properties (LON:CAPC)‘s stock had its “sell” rating reiterated by Deutsche Bank in a research note issued on Wednesday, Analyst Ratings Net reports. They currently have a GBX 200 ($3.30) price target on the stock. Deutsche Bank’s price objective points to a potential downside of 43.37% from the stock’s previous close.
A number of other analysts have also recently weighed in on CAPC. Analysts at Jefferies Group reiterated a “hold” rating on shares of Capital & Counties Properties in a research note to investors on Friday, January 24th. They now have a GBX 294 ($4.84) price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Capital & Counties Properties in a research note to investors on Tuesday, January 21st. They now have a GBX 371 ($6.11) price target on the stock. Finally, analysts at Barclays raised their price target on shares of Capital & Counties Properties from GBX 508 ($8.37) to GBX 527 ($8.68) in a research note to investors on Monday, January 20th. They now have an “overweight” rating on the stock. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 325.18 ($5.36).
Shares of Capital & Counties Properties (LON:CAPC) traded down 0.31% during mid-day trading on Wednesday, hitting GBX 353.20. 847,435 shares of the company’s stock traded hands. Capital & Counties Properties has a 1-year low of GBX 241.00 and a 1-year high of GBX 370.70. The stock has a 50-day moving average of GBX 341. and a 200-day moving average of GBX 339.2. The company’s market cap is £2.663 billion.
Capital & Counties Properties PLC (LON:CAPC) is a property investment and development company.
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